“We’re On Borrowed Time”: The Coming ‘Food Price Shock’, Drought Chaos Plagues America’s Breadbasket
Pablo Galante Escobar, the head of liquefied natural gas (LNG) at Vitol, warned the audience at the FT Commodities Summit earlier today that the “world is on borrowed time” and that the Gulf energy shock will develop into a food crisis unless LNG flows resume through the Hormuz chokepoint. “We are on borrowed time. Every …
